David Jones sells Bourke Street Mall menswear store in Melbourne for $121m
David Jones has sold its menswear store at 299 Bourke Street Mall to Australian-based investor Newmark Capital for $121 million, progressing with the retailer’s...
Supermarket Income REIT buys Tesco store for £61m
Supermarket Income REIT, the UK supermarket real estate investment trust, has acquired the Tesco Extra in Newmarket, Suffolk, from Standard Life Pooled Pension Property Fund for £61.0 million (excluding acquisition costs), reflecting...
CBRE: New York City retail sector adapt to new reality
New York City’s retail sector experienced significant deceleration in leasing activity in the first half of 2020 intensified by the COVID-19 pandemic, according to CBRE’s...
Supermarket Income REIT buys Waitrose portfolio for £74.1m
Supermarket Income REIT plc has acquired a portfolio of supermarkets via a sale and leaseback transaction with Waitrose & Partners (Waitrose) for £74.1 million (excluding acquisition costs), reflecting a...
Frasers Centrepoint Trust to buy additional 12% interest in AsiaRetail Fund
Singapore listed Frasers Centrepoint Trust (FCT), a retail real estate investment trust (REIT), said it will acquire additional 12% interest in AsiaRetail Fund Limited...
Primewest buys two shopping centres from Charter Hall
ASX listed Primewest (PWG), a property fund manager with over A$4.5 billion of assets under management across all mainland states of Australia and the...
Taubman Centers opens all properties in U.S. and Asia
Taubman Centers, Inc. announced that it has opened 100 percent of its shopping centers in the U.S. and Asia. The company said most U.S....
IKEA to acquire prime real estate in Paris
Ingka Investments, the owner and operator of 381 IKEA stores, has agreed to acquire a prime real estate in the heart of Paris. The...
CBRE UK : Increased investment in online capabilities expected in the retail sector
Investment in online capabilities and delivery apps across the retail sector is expected to increase further, according to the latest research from global real...
NRF chief economist says pandemic recession could already be easing but ‘no one has...
The economic downturn brought on by the coronavirus pandemic has officially been declared a recession, but National Retail Federation Chief Economist Jack Kleinhenz said...
